Karachi: The Exchange Companies Association of Pakistan released the latest foreign currency rates, showing slight fluctuations in various currencies against the Pakistani Rupee. The figures reveal minor changes in the buying and selling rates of majo...
Read More »Currency Rates See Slight Fluctuations as Exchange Companies Report Values
Karachi: The Exchange Companies Association of Pakistan released updated currency exchange rates on Saturday, illustrating minor fluctuations across several foreign currencies against the Pakistani Rupee. The US Dollar was quoted with a buying rate ...
Read More »KATI Calls for Major Interest Rate Reduction as MPC Meeting Approaches
Karachi: Junaid Naqi, President of the Korangi Association of Trade and Industry (KATI), has urged the State Bank of Pakistan to implement a significant cut in the policy interest rate at the upcoming Monetary Policy Committee (MPC) meeting scheduled ...
Read More »Pakistan Central Bank Likely to Resume Monetary Easing Amid Improved Economic Outlook
Karachi: The State Bank of Pakistan (SBP) is expected to resume its monetary easing policy following a brief pause, as geopolitical tensions ease and focus shifts toward enhancing macroeconomic indicators, according to a recent analysis by AKD Securit...
Read More »AGP Limited’s Earnings Surge 90% Year-on-Year, Despite Quarter-on-Quarter Dip
Karachi: AGP Limited is projected to report a significant year-on-year increase in earnings for the second quarter of the calendar year 2025, with consolidated earnings expected to reach Rs725 million, reflecting a 90% rise. This translates into an ea...
Read More »Pakistan’s Dollar Dilemma: Businesses Grapple with Black Market Dependency
Karachi: In a growing economic conundrum, the persistent shortage of dollars in Pakistan is compelling businesses to turn to the black market, according to Mian Zahid Hussain, a prominent figure in the business community. The scarcity of foreign curre...
Read More »Engro Fertilizers and Bank Alfalah Join Forces to Boost Farmer Financing in Pakistan
Karachi: Engro Fertilizers and Bank Alfalah Limited have announced a strategic partnership to launch a PKR 250 million financing initiative aimed at empowering farmers across Pakistan. The collaboration will offer loans of up to PKR 1 million to farme...
Read More »
AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service